Percentage of UK consumers who cut non-essential spending 2023-2024

Published by Statista Research Department, May 8, 2024

Half of UK consumers have reduced their non-essential spending from 2023 to 2024 due to the rising costs of essential items (housing, groceries, and other bills). The increase in essential costs has forced 52 percent of consumers to cut back on non-essential spending.

Share of consumers in the United Kingdom (UK) who changed their spending due to increased essential costs from 2023 to 2024

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Source

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Release date

April 2024

Region

United Kingdom

Survey time period

March 13 to 19, 2024

Number of respondents

3,000 respondents

Method of interview

Questionnaire

Supplementary notes

Survey conducted by One Poll on behalf of KPMG.

UK consumers of varying ages, regions, and income groups were polled.

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